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Short Term Cycle Update - 4th June 2017

The short term cycle continues to produce good results although it missed the good gains in the FTSE 100 for May 2017. Long term followers will know that I used the medium term cycle (17.6 weeks) to forecast a top on 25 May 2017. This is not an exact date and I usually allow a window of +/- 7 days.

However I am not shorting this market and will continue to use spread-bets to go long during the positive short term cycle and keep my long term FTSE 100 tracker invested throughout the summer. If we see weak prices in early July or late September I will add to long term holdings.

About Kerry Balenthiran

Kerry Balenthiran studied mathematics at the University of Warwick and then worked as a Spacecraft Operations Engineer in the UK and at the European Space Agency. He qualified as a chartered accountant with Arthur Andersen and now works as a consultant within financial services. His mathematical background led to a fascination with the cyclical nature of stock market booms and busts.

How do we know where we are in the current stock market cycle?

Are we in the midst of a new long term bull market or a market rally within an ongoing bear market?